In Linear Programming,a ________ Is a Point That Lies at the Intersection

question 40

Short Answer

In linear programming,a ________ is a point that lies at the intersection of two (or possibly more)constraint lines on the boundary of the feasible region.

---

Definitions:

Vertical Axis

The y-axis in a graph, which typically represents the dependent variable in an equation or a chart.

Interest Rate

The percentage of an amount of money charged by a lender to a borrower for the use of assets, typically expressed as an annual percentage rate.

Investment Tax Credit

A fiscal policy tool used to encourage companies to invest by providing a tax rebate on their investments.

Equilibrium

A state in a market where supply equals demand, and there is no incentive for price to change, leading to market stability.